Binance Honored by Singapore Police for Cybercrime Prevention

Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange, has been recognized by the Singapore Police Force (SPF) for its proactive efforts in combating cybercrime. The award was presented at the annual Alliance of Public Private Cybercrime stakeholders (APPACT) networking event, which brings together major business leaders and law enforcement collaborators to share ideas on protecting the digital world against online criminal activity.

The APPACT Appreciation Awards acknowledge commercial firms that have made significant contributions to enhancing cybersecurity, from improving investigative skills to supporting preventive initiatives. Binance's recognition underscores the crucial role that industry leaders play in addressing new cybersecurity challenges and maintaining digital stability in Singapore.

Binance's Head of Investigations for the Asia-Pacific region, Mr. Akbar Akhtar, expressed gratitude for the recognition, stating that the award is an honor for Binance. He emphasized the company's belief in collaboration to provide effective security for users' assets and its active participation in initiatives by law enforcement agencies and other industries. Mr. Zhang Weihan, acting Deputy Commissioner (Investigation & Intelligence) and Director of the Criminal Investigation Department (CID) of SPF, also commended Binance and other companies for their efforts in ensuring safety against cybercrime.

This recognition from the SPF is not the first time Binance has been acknowledged for its cybercrime prevention efforts. The platform has also received acknowledgment from Thailand’s Central Investigation Bureau (CIB) and an appreciation medal from Indonesia’s Directorate of Cyber Crime for its role in cybercrime investigations. These accolades highlight Binance's commitment to global cybersecurity initiatives and its dedication to providing a safer digital landscape for its users.

Binance's proactive approach to cybercrime prevention involves collaborating with law enforcement agencies worldwide to promote a secure digital environment. The company's efforts in this area have been instrumental in enhancing the overall security of the digital landscape, making it a trusted platform for users globally. This recognition from the SPF further solidifies Binance's reputation as a leader in cybersecurity and its commitment to protecting users from cyber threats.